IMF: 'Discussions on El Salvador's BTC Project Ongoing'

On the 23rd, the International Monetary Fund (IMF) released a staff report concerning El Salvador. The report reviews a 40-month Extended Fund Facility (EFF) and continues to discuss the cryptocurrency Bitcoin (BTC) project, including negotiations on the sale of the Chivo wallet. It has been previously reported that IMF's lending to El Salvador includes conditions such as restrictions on Bitcoin purchases and the sale of the Chivo wallet. In the past, while the IMF has pointed out the need to halt Bitcoin purchases, El Salvador has continued its acquisitions...